standard

(A)The term “approved lender” means a lender approved prior to, by the Secretary under the approved lender program established by exhibit A to subpart B of(as in effect on), or a lender certified under 1of this title. (B)The term “seasoned direct loan borrower” means a borrower receiving a direct loan under this chapter who has been classified as “commercial” or “standard” under subpart W of part 2006 of the Instruction Manual (as in effect on).